French asset manager Lyxor has joined forces with hedge fund Harmonic Capital Partners to launch a global macro strategy with daily liquidity on its Alternatives UCITS platform.
The Lyxor/Harmonic Macro Fund aims to give investors the ability to capitalise on the diverging paths of US and European monetary policies and economic activity, through relative value spread trading. This uses fundamental analysis of global markets, with trading over 36 markets and using a wide range of asset classes, including bonds, equity indices, interest rates and currencies. The fund takes a market-neutral and systematic approach, with the aim of delivering uncorrelated returns against bond and equity markets.
The fund is available on Lyxor’s alternative UCITS platform, with a minimum subscription of $10,000, or the equivalent in most major currencies. The fund is the twelfth fund on the platform to date.